Residential Construction in Singapore
Summary
Residential Construction in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Residential construction refers to the process of building structures primarily intended for people to live in.
- The Singaporean residential construction market recorded total revenues of $7.4 billion in 2023, representing a compound annual growth rate (CAGR) of 8.6% between 2018 and 2023.
- The new construction segment accounted for the market's largest proportion in 2023, with total revenues of $5.1 billion, equivalent to 68.6% of the market's overall value.
- The Singaporean residential construction market accounted for 0.3% of the total Asia-Pacific market value in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the residential construction market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in Singapore
- Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore residential construction market with five year forecasts
- What was the size of the Singapore residential construction market by value in 2023?
- What will be the size of the Singapore residential construction market in 2028?
- What factors are affecting the strength of competition in the Singapore residential construction market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's residential construction market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. Lian Beng Group Ltd
- 8.2. Tiong Seng Holdings Ltd
- 8.3. Lum Chang Holdings Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Singapore residential construction sector value: $ million, 2018-23
- Table 2: Singapore residential construction sector category segmentation: % share, by value, 2018-2023
- Table 3: Singapore residential construction sector category segmentation: $ million, 2018-2023
- Table 4: Singapore residential construction sector geography segmentation: $ million, 2023
- Table 5: Singapore residential construction sector value forecast: $ million, 2023-28
- Table 6: Lian Beng Group Ltd: key facts
- Table 7: Lian Beng Group Ltd: Key Employees
- Table 8: Tiong Seng Holdings Ltd: key facts
- Table 9: Tiong Seng Holdings Ltd: Annual Financial Ratios
- Table 10: Tiong Seng Holdings Ltd: Key Employees
- Table 11: Lum Chang Holdings Ltd: key facts
- Table 12: Lum Chang Holdings Ltd: Annual Financial Ratios
- Table 13: Lum Chang Holdings Ltd: Key Employees
- Table 14: Singapore size of population (million), 2019-23
- Table 15: Singapore gdp (constant 2005 prices, $ billion), 2019-23
- Table 16: Singapore gdp (current prices, $ billion), 2019-23
- Table 17: Singapore inflation, 2019-23
- Table 18: Singapore consumer price index (absolute), 2019-23
- Table 19: Singapore exchange rate, 2019-23
- List of Figures
- Figure 1: Singapore residential construction sector value: $ million, 2018-23
- Figure 2: Singapore residential construction sector category segmentation: $ million, 2018-2023
- Figure 3: Singapore residential construction sector geography segmentation: % share, by value, 2023
- Figure 4: Singapore residential construction sector value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the residential construction sector in Singapore, 2023
- Figure 6: Drivers of buyer power in the residential construction sector in Singapore, 2023
- Figure 7: Drivers of supplier power in the residential construction sector in Singapore, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the residential construction sector in Singapore, 2023
- Figure 9: Factors influencing the threat of substitutes in the residential construction sector in Singapore, 2023
- Figure 10: Drivers of degree of rivalry in the residential construction sector in Singapore, 2023
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